Peter Beckett FRICS

Over 40 years of professional property work, as well as property and business management

Direct experience and understanding of property development and investment

Involvement in leading cases in his field

Specialisms within landlord and tenant

Damage to the reversion

Landlord’s valuer in leading cases on dilapidations: Shortlands[1]; Simmons v Dresden[2]; and Bruntwood[3]. Member of the RICS Dilapidations Working Group during the drafting of the previous two editions of the RICS Guidance Note on dilapidations.

Leasehold enfranchisement

Many appearances at the Leasehold Valuation Tribunal – now the First Tier Tribunal (Property Chamber); several at the Lands Tribunal, now the Upper Tribunal (Lands Chamber). This includes appearances as:

One of the four valuers in Sportelli[4] – the leading case on deferment rate

The landlord’s valuer in Arrowdell[5], which addressed leasehold relativity and development value

One of several valuers in the Nailrile[6] series of cases, dealing with leasehold relativity and the valuation of intermediate landlords’ interests

Member of the RICS Leasehold Reform Working Group which, at the behest of the Lands Tribunal in Arrowdell, produced the RICS Research Report “Leasehold reform: RICS graphs of relativity” in July 2009. Member of the working group which produced the RICS Guidance Note “Leasehold Reform in England and Wales” (second edition) in 2011.

Receivership

RICS Registered Property Receiver and Fellow of the Association of Property and Fixed Charge Receivers (NARA). Drafted their Guidance Note 19 on the Receiver’s role as landlord and Guidance Note 12 on leasehold property. Managed the cyclical updating of all other Guidance Notes until 2015.

Investment

A proponent of value investment in property, and a small investor.

Qualifications

Honours degree in Economics

Fellow of the Royal Institution of Chartered Surveyors

Business history

1997 to present

Practising as Beckett and Kay in partnership with Richard D Kay FRICS, initially in the West End of London, latterly in the City. Specialising in landlord and tenant, property management and specialist valuation work. Particular emphasis on valuation in dilapidations, and leasehold enfranchisement.

1987 – 1991

Own property business in property trading, investment and development.

1970 – 1987

Partner (later senior partner) in Becketts, a firm of residential Estate Agents with six offices based around Harrow. The business was sold to Hogg Robinson in 1987. Responsible for the overall management of the business and for all the firm’s professional and commercial work.

Personal

Lives in Harrow, north-west London. Married, with four children and six grandchildren.